IMO:CC News and Press, Imperial Oil Limited From 07/01/22

Stock market returns are hard to predict, because economic conditions change. The reminder of seasoned investors and fund managers that past performance is no guarantee of future results is also true. Canada’s primary equities market has never posted the same percentage gain or l...

With 28 years of oil sands reserves, Suncor could be "the last man standing" in the oil industry. The industry will eventually enter secular decline, but Suncor is well-positioned with a break-even price of $35 per barrel. We estimate the rate at which Suncor can grow and project ...

Imperial (TSE: IMO, NYSE American: IMO) today announced that together with ExxonMobil Canada, it has entered into an agreement with Whitecap Resources Inc. for the sale of XTO Energy Canada, which is jointly owned by Imperial and ExxonMobil Canada, for a total cash consideration of $1.9...

Imperial Oil (NYSE:IMO) +0.8% at the open on Monday after saying it plans to repurchase as much as 5% of its outstanding common shares over a year, as the Toronto Stock Exchange has accepted its normal course issuer bid to buy back up to a maximum of 31.8M shares. Imperial (IMO) said the maxi...

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that it has received final acceptance from the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) to repurchase up to five percent of its 636,676,182 outstanding common shares as of June 15, 2022, or a m...

Young investors have been investing in an environment of relatively stable inflation over the past 10-15 years. Unfortunately, that era of stability appears to have come to an end. Inflation in Canada reached a stunning 7.7% in the month of May. That represented its highest point since 1983...

Imperial Oil (NYSE:IMO) and E3 Lithium said on Thursday they will partner to advance a lithium extraction pilot project in Alberta using E3's technology designed to extract lithium from brine. The agreement helps advance E3 Lithium's Clearwater project, which will draw lithium from under Impe...

in 2022There’s just not enough lithium to meet growing demand. In fact, if the world can’t fix the supply-demand gaps for lithium, it’s tough to imagine any net zero transitions. According to the CEO of the International Council of Metals and Mineral Mining, Rohitesh Dh...

Imperial and E3 Lithium form strategic agreement on lithium pilot project in Alberta Canada NewsWire Advances E3 Lithium's Clearwater Project with Imperial funding contribution Pilot project progresses commercialization of battery-grade lithium from historic Ledu...

Energy stocks (XLE) have retraced all of their gains since Russia's invasion of Ukraine, are down ~15% from recent highs and still well below all-time highs reached in 2014. Yet oil prices (USO) remain elevated in the face of historic reserve releases and a lockdown of the Chinese econom...